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Re:Discovery of nitrogen-fixing corn variety could reduce ne... by dekhn on Thursday August 09, 2018 @11:27AM (#17724992)
(I can't tell if you're an expert in gas/oil, or not. I work with a lot of people from the gas/oil industry, so I'm not an expert per se, but I do read a lot about the industry).

The proven reserves for California are based on historic estimates, they haven't been thoroughly re-evaluated, and were based on previous extraction technologies (before side-drilling etc). The current position of my friends who do oil/gas analysis is that California proven reserve estimates are at least 1 order of magnitude below reality mainly because people aren't actively looking because of the moratorium.

Re:Discovery of nitrogen-fixing corn variety could reduce ne... by beat on Thursday August 09, 2018 @11:49AM (#17725226)
That doesn't change the heavy vs light oil problem, though (probably). Heavy oil is harder to pump, harder to handle, and more costly to refine.

The point of all this is that California's offshore fields aren't all that special, and they aren't "easy oil". If they were, any environmentalist resistance would have been defeated long ago.